Page 21 - MICROHUB Handbook - ENGLISH
P. 21

Radical innovation
            If you are bursting with creativity and innovation, you can invent a whole

            new  product.  This  is  called  radical  innovation.  An  example  could  be  an
            invention of the aeroplane, or a letterpress. With radical innovation, the

            timing  is  everything.  If  you  market  your  novel  product  too  soon,  the
            acceptance of the new product can be too slow or not work at all. But if
            you get this right, you can create a whole new market.



            Sustaining innovation

            This type of innovation refers to creating a new better product with one
            goal only, to create profit. Take notebooks for instance. First there were

            desktop  computers.  Notebooks  have  the  same  features  and  qualities;
            they only added an extra dimension – portability. When people started to

            buy notebooks, it created a huge profit.











                                SOCIAL MEDIA
                                                                             QUORA
                              DISRUPTIVE                             INCREMENTAL
















                                    SURVEY                               SEARCH ENGINES
                                RADICAL                                SUSTAINING














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